eBay reports Q2 2026 revenue $3.1B

eBay reported second-quarter 2026 revenue of $3.1 billion on Wednesday, up 15% from a year earlier, and said gross merchandise volume rose 15% to $22.4 billion. The San Jose, California-based company said GAAP earnings per diluted share from continuing operations were $1.21, while non-GAAP earnings per diluted share were $1.60. eBay also said it returned $448 million to stockholders during the quarter through $310 million of share repurchases and $138 million in cash dividends. ### Which numbers stood out in the quarter? First-party advertising products brought in $570 million in second-quarter revenue, eBay said, up 25% on an as-reported basis and 24% on an FX-neutral basis. The company reported GAAP operating margin of 21.6% and non-GAAP operating margin of 28.5% for the quarter. June 30 marked the end of the quarter, and eBay said the results reflected “meaningful, broad-based momentum.” Chief Executive Jamie Iannone said the quarter was driven by “continued innovation and focused execution against our strategic roadmap.” Chief Financial Officer Peggy Alford said the company was increasing its full-year top- and bottom-line outlook because of what she called “strong momentum” in the business. (prnewswire.com) ### What did eBay say drove activity on the marketplace? eBay said eBay Live posted another record quarter, with GMV growing by roughly eight times year over year across seven markets. The company said those live-shopping events were tied to cultural moments including the World Cup and were aimed at collectibles and memorabilia buyers. More than 100 fashion brands in the United States and Britain were added to Authenticity Guarantee coverage during the quarter, the company said. eBay also said it integrated Enquirus, a database of registered luxury watches, across the United States, Britain and Germany, and expanded PSA grading eligibility in the United States to include pack-pulled autographed trading cards. (prnewswire.com) ### How does this fit with eBay’s recent deal activity? July 30 was the date eBay said it completed its acquisition of Depop, the consumer-to-consumer fashion marketplace previously owned by Etsy. The company said the deal strengthened its position in circular fashion and recommerce and added a Gen Z and Millennial audience. The investor relations site lists the Depop closing as one of eBay’s most recent corporate updates ahead of the earnings release. (prnewswire.com) The same page also highlights eBay’s expanded presence at the National Sports Collectors Convention in late July, underscoring the company’s focus on fashion and collectibles categories. ### Where can investors hear more detail from management? eBay scheduled its second-quarter 2026 earnings call for August 5 at 2:30 p.m. (prnewswire.com) Pacific, according to its investor relations website. The call and webcast are listed under investor events, alongside links to quarterly materials. August 5 is also the date of the earnings release, which said the company had raised its full-year outlook. Investors will look for additional detail from Iannone and Alford on advertising growth, the Depop integration and marketplace trends when management speaks on the webcast. (investors.ebayinc.com) (prnewswire.com)